Every well-peforming business in Ghana started with just a little amount as capital. Through planning, these businesses who were once known as small businesses have now become large scale, and employing several graduates to help them expand each year.
You can also be your own boss and make any amount of money you desire when you start something today.
In Ghana, most youths who have plans to set their own businesses take their inspiration from businessmen including, Honorable Kennedy Agyapong, Dr. Osei Kwame Despite, Ibrahim Mahama Paaa Kwesi Nduom, and many others.
In today’s article, we will be looking at some 30 busineses you can start with just a capital of 5,000 cedis in Ghana
1. Beauty salon and spa services.
The demand for beauty services in Ghana is increasing, and opening a salon or spa can be a profitable venture. Services can include haircuts, styling, makeup application, massage, and more
2. Grocery store
Setting up a grocery store in a busy residential area is a great business idea in Ghana. You can sell fruits, vegetables, meat, and other food items.
3. Cyber cafe
With the increase in internet usage, a cyber cafe can be a lucrative business in Ghana. You can provide internet access, printing, and scanning services.
4. Daycare center
Working parents in Ghana are always in need of a reliable daycare center for their children. You can start a small daycare center with a few children and gradually expand as you gain more clients.
5. Cleaning service
Ghanaians are always looking for a reliable cleaning service. You can start a cleaning service that offers both commercial and residential cleaning services.
6. Event planning
Ghanaians love to celebrate, and event planning can be a profitable business. You can specialize in planning weddings, birthday parties, and corporate events.
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7. Mobile food business
Ghanaians love street food, and a mobile food business can be a great opportunity. You can start a food truck or a food cart and sell local Ghanaian dishes.
8. Beauty salon
With the increasing demand for beauty services in Ghana, a beauty salon can be a lucrative business. You can offer services like hairdressing, manicure, pedicure, and makeup
9. Clothing boutique
Starting a clothing boutique can be a great business idea in Ghana. You can specialize in selling African prints, casual wear, or even designer clothes.
10. Bakery
Ghanaians love baked goods, and starting a bakery can be a profitable business. You can specialize in selling cakes, pastries, bread, and other baked goods.
11. Poultry farming
Raising chickens for meat or eggs can be a profitable small-scale business in Ghana. You can start with a few birds and gradually expand your flock as you gain experience.
12. Handmade crafts
Ghanaian crafts are in high demand both locally and internationally. You can start a small business making and selling handmade crafts like jewelry, baskets, and pottery.
13. Photography
Photography is a growing industry in Ghana, and there is a high demand for professional photographers. You can specialize in wedding photography, fashion photography, or product photography.
14. Car wash
With the growing number of cars on the roads in Ghana, starting a car wash business can be a profitable venture. You can offer services like car washing, detailing, and waxing.
15. Mobile money transfer
Mobile money transfer services are popular in Ghana, and starting a small business that offers these services can be profitable. You can partner with a mobile service provider to offer money transfer and payment services.
16. Tutoring
With the high demand for education in Ghana, starting a tutoring business can be a lucrative venture. You can offer private tutoring services for students in primary, secondary, or tertiary levels.
17. Barber shop
Men in Ghana are always in need of a good barber, and starting a barber shop can be a profitable business. You can offer services like haircuts, shaves, and grooming.
18. Juice bar
With the increasing demand for healthy drinks in Ghana, starting a juice bar can be a great business idea. You can offer freshly squeezed fruit juices, smoothies, and healthy snacks.
19. Cleaning service
There is a high demand for cleaning services in Ghana, both for homes and businesses. You can start a small cleaning service that offers cleaning and janitorial services.
20. Food delivery service
With the growth of e-commerce in Ghana, starting a food delivery service can be a profitable venture. You can partner with restaurants to deliver food to customers’ homes or offices.
21. Food Truck
Start a food truck and sell food in a high-traffic area, like a busy street or near an office building.
22. Boutique
Open a boutique selling clothes, shoes, and accessories in a small retail space.
23. Home Cleaning Service
Offer cleaning services to homeowners in your local area.
24. Tutoring Service
Offer tutoring services in your area of expertise to students who need help with their studies.
25. Graphic Design Service
Offer graphic design services to small businesses in your area.
26. Pet Grooming Service
Offer pet grooming services to pet owners in your area.
27. Landscaping Service
Offer landscaping services to homeowners in your local area.
28. Freelance Writing Service
Offer writing services to businesses or individuals who need help with their content creation.
29. Online Store
Start an online store selling products that you are passionate about or have a niche for.
30. Blogging / Vlogging
If you have a passion for writing, you can start a blog on a topic that interests you. Once your blog gains a following, you can monetize it through advertising and affiliate marketing
However, small-scale businesses also face significant challenges. They must be able to manage their resources effectively, including their time, finances, and staff. They must also be able to adapt quickly to changing market conditions and customer demands. Successful small-scale businesses often have a strong understanding of their target market and a clear strategy for growth.